Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Short Interest Up 50.5% in December

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 748,500 shares, an increase of 50.5% from the November 30th total of 497,200 shares. Based on an average daily volume of 202,200 shares, the short-interest ratio is currently 3.7 days.

Institutional Trading of Invesco KBW High Dividend Yield Financial ETF

Institutional investors have recently modified their holdings of the company. Mattson Financial Services LLC acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the second quarter valued at $45,000. Farther Finance Advisors LLC increased its holdings in Invesco KBW High Dividend Yield Financial ETF by 46.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock valued at $164,000 after buying an additional 3,412 shares during the period. CreativeOne Wealth LLC acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter valued at $255,000. Good Life Advisors LLC acquired a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 3rd quarter valued at about $266,000. Finally, CWM LLC boosted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% during the 3rd quarter. CWM LLC now owns 29,781 shares of the company’s stock valued at $455,000 after acquiring an additional 1,507 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of NASDAQ:KBWD traded down $0.07 on Friday, hitting $14.62. 237,179 shares of the company were exchanged, compared to its average volume of 148,047. The company’s 50 day moving average price is $15.09 and its two-hundred day moving average price is $15.21. The firm has a market capitalization of $381.14 million, a price-to-earnings ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a one year low of $14.34 and a one year high of $16.38.

Invesco KBW High Dividend Yield Financial ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.1447 dividend. The ex-dividend date was Monday, December 23rd.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.